Clearwater, FL 33756,547 WILDWOOD WAY
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Clearwater, FL 33756,547 WILDWOOD WAY
Clearwater, FL 33756,547 WILDWOOD WAY
Clearwater, FL 33756,547 WILDWOOD WAY
Clearwater, FL 33756,547 WILDWOOD WAY

$507,950

Est. payment /mo

$649,000

21.7%
Est.Price: ?

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547 WILDWOOD WAY Clearwater, FL 33756

7 Beds

4 Baths

2,425 SqFt

SOLD DATE : 08/30/2023

Key Details

Sold Price $507,950

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,425 sqft

Price per Sqft $209

Subdivision Belleair Highlands

MLS Listing ID U8186740

Sold Date 08/30/23

Bedrooms 7

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1928

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 75X145

Property Description

Under contract-accepting backup offers. Buyers lost the opportunity to purchase this one-of-a-kind investment income producing property due to their inability to produce an approval of their loan. This property offers 3 detached buildings with a total of 4 units, consisting of 2 - 1/1 units in one building, a 2/1 detached building, and a 3/1 detached building. Plenty of parking for all tenants off the street. Located just minutes to downtown Clearwater, Belleair and the beaches hospital and shopping. The 2 - 1/1 units have been completely remodeled, the 2/1 is going through a complete remodeling. and the 3/1 is in ok condition.
This property has a high rental income potential for the new owner. There is plenty of value-add to this property making it more appealing to the future owners.
All units are vacant, making it feasible to the new owner to come in and start their updates and or repairs right away without going through the process of eviction process. While the 2 1/1 units are completely updated, these can be rented right away while finishing the work on the other 2 buildings.
CAP RATE of 6.5%, call today to schedule your showing before it is gone.

Location

State FL

County Pinellas

Community Belleair Highlands

Zoning MDR

Interior

Interior Features Ceiling Fans(s), Master Bedroom Main Floor, Vaulted Ceiling(s)

Heating Central, Wall Units / Window Unit

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer

Laundry Laundry Room, Outside

Exterior

Exterior Feature Fence, Storage

Garage Off Street

Utilities Available Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities, Water Connected

Waterfront false

View City

Roof Type Shingle

Porch Deck

Parking Type Off Street

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, Paved

Entry Level One

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Wood Frame, Wood Siding

New Construction false

Construction Status Inspections

Schools

Elementary Schools Belleair Elementary-Pn

Middle Schools Largo Middle-Pn

High Schools Largo High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Special Funding

Listing Terms Cash, Conventional, Special Funding

Special Listing Condition None

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Stellar MLS
Listed by BLUMAR REALTY INC.
Bought with BLUMAR REALTY INC.

Xeniya McCallister

Advisor | License ID: SL3553144

+1(417) 332-7820

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